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Buying Swing: creating cOB = call open body butterfly by ad

Posted: Tue Mar 25, 2014 10:54 am
by MMASSASSIN
Buying Swing: creating cOB = call open body butterfly by adding same contract amount 555 calls at .27-.31 as we have of 245 calls. Then at the close we wish to reenter this time double short 550 calls, preferably on strength.

This trade is one part of a larger strategy so please look back at Previous posts to see the whole picture. AND IF YOU ARE NEW, PAPER TRADE FOR AT LEAST A FEW MONTHS because this is ADVANCED OPTIONS TRADING !!